Patriot Coal Corporation · St. Louis, MO United States ·(NYSE: PCX)
Company Description
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This link will open in a new window Patriot Coal Corporation could fill the Christmas stockings of bad little children for years to come. With mining complexes located in Appalachia and the Illinois Basin, Patriot Coal mines coal used for electricity generation (about three-quarters of its production) and steel manufacturing. The company's operations include company-managed mines, joint ventures, and numerous contractor-operated mines, which put about 1.8 billion tons of proved and probable reserves under Patriot's control. It produces around 28 million tons annually. Peabody Energy spun off its coal mining operations in West Virginia and Kentucky to form Patriot Coal in 2007. To read the full description, subscribe now.
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Key Patriot Coal Corporation Financials
| Company Type | Public - NYSE: PCX Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,654.6 |
| 2008 Employees | 4,300 |
Patriot Coal Corporation Executives
29 executives listed for Patriot Coal Corporation's St. Louis, MO location.
| Title | Name & Bio | Contact |
| Chairman | Irl Engelhardt | Network |
| CEO and Director | Richard Whiting | Network |
| President and COO | Paul Vining | Network |
Competition
Competitive Landscape for Patriot Coal Corporation
Demand comes mainly from generators of electricity. Profitability depends on efficient operations, as the product is a commodity sold on the basis of price. Small companies can compete if they hold long-term contracts or if they supply local customers. Big companies have large economies of scale in production and distribution. The industry is capital-intensive and highly automated: average annual revenue per employee is almost $300,000. To read the full description, subscribe now.Top Patriot Coal Corporation Competitors
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